车企集体承诺60天账期，能否落地？记者问了一圈车企供应商

Core Viewpoint - The Chinese government, through various ministries, has implemented a series of measures aimed at stabilizing the automotive supply chain and promoting high-quality development in the industry, including a commitment from several domestic automakers to reduce supplier payment terms to within 60 days, marking a significant shift in the competitive landscape of the automotive industry [1][3][10]. Group 1: Policy Changes - The new regulation, effective June 1, 2025, sets a maximum payment term of 60 days for large enterprises and establishes a national complaint platform for overdue payments, with penalties for non-compliance [3][5]. - The regulation aims to shift automotive manufacturers from "squeezing competition" to compliant operations, potentially ending the "payment black hole" and restoring the health of the supply chain ecosystem [3][6]. Group 2: Current Industry Practices - Many domestic automakers have historically extended payment terms, with some suppliers reporting payment periods exceeding 200 days, and certain companies using a combination of payment terms and commercial bills to delay payments for over 8 months [4][5]. - The practice of treating suppliers as "interest-free funding pools" has been prevalent, allowing manufacturers to alleviate financial pressure from price wars [3][4]. Group 3: Supplier Impact - Suppliers are expected to benefit from the new 60-day payment term, which could significantly improve cash flow and accelerate technological advancements, as evidenced by a case where a supplier's cash turnover rate improved 2.5 times after reducing the payment cycle from 210 days to 60 days [6][10]. - However, concerns remain regarding the actual implementation of the 60-day term, as some suppliers fear that manufacturers may still resort to financial instruments like commercial bills, effectively prolonging payment periods [7][9]. Group 4: Industry Outlook - The enforcement of the 60-day payment term could lead to short-term liquidity challenges for many domestic automakers, particularly new entrants with tight cash flows, while established players may face less impact due to their existing practices [9][10]. - The shift towards a standardized payment term is seen as a critical step in transforming the competitive dynamics of the automotive industry, potentially reducing price wars and fostering a healthier market environment focused on quality and innovation [11][12].